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A real-estate brokerage owned by Warren Buffett's Berkshire Hathaway has agreed to pay $250 million to settle a lawsuit over its commission fees, according to plaintiffs in the case. AdvertisementHome sellers had sued HomeServices of America, alleging it conspired to force sellers to pay inflated agent commissions. Related stories"As we move beyond this settlement, our focus remains steadfast on ethical operations, industry integrity, and delivering value," Kelly said. AdvertisementThe group of home sellers, in this case, had also sued other brokerages and have scored millions in settlements already. Among the payouts is a whopping $418 million from the National Association of Realtors that has shaken up the real-estate industry.
Persons: Warren Buffett's Berkshire Hathaway, HomeServices, Benjamin D, Brown, Cohen Milstein Sellers, Chris Kelly, Kelly Organizations: Warren, Business, National Association of Realtors Locations: America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDOJ seems worried about Google 'squashing' startups, says former Facebook general counselChris Kelly, Kelly Investments founder, joins 'Squawk Box' to discuss how strong the DOJ's case is against Google, which side of the case Kelly would like to represent, and the explanation for how companies get prosecuted in antitrust law.
Persons: Chris Kelly, Kelly Organizations: Google, Kelly Investments
Writing for a comedy seriesJeremy Allen White and Ayo Edebiri in "The Bear." Chuck Hodes/FXBill Hader, "Barry" — Wow"Christopher Storer, "The Bear" – "System" — WINNERMekki Leeper, "Jury Duty" — "Ineffective"John Hoffman, Matteo Borghese, Rob Turbovsky, "Only Murders in the Building" — "I Know Who Did It"Chris Kelly, Sarah Schneider, "The Other Two" — "Cary & Brooke Go to an AIDS Play"Brendan Hunt, Joe Kelly, Jason Sudeikis, "Ted Lasso" — "So Long, Farewell"
Persons: Jeremy Allen White, Chuck Hodes, Bill Hader, Barry, Christopher Storer, Mekki Leeper, John Hoffman, Matteo Borghese, Rob Turbovsky, Chris Kelly, Sarah Schneider, Cary, Brooke Go, Brendan Hunt, Joe Kelly, Jason Sudeikis, Ted Lasso
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Facebook lawyer on Montana TikTok ban: It won't succeed in a constitutional challengeChris Kelly, Kelly Investments founder and Facebook's former chief privacy officer and general counsel, joins 'Squawk Box' to discuss the fallout from Montana's TikTok ban, the numerous legal challenges it will likely face, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's been 'an aggression' from FTC on large mergers, says fmr. FB general counsel Chris KellyChris Kelly, Kelly Investments founder and Facebook’s former chief privacy officer and general counsel, joins 'Squawk Box' to discuss the fallout from the Microsoft-Activision blocked merger, what it means for the FTC and dealmaking in the U.S., and more.
Early SpaceX investor Chris Kelly said Elon Musk's "bullying management culture" won't work at Twitter. Kelly said on Saturday that Musk is "outside his depth" at Twitter and his actions don't "bode well." Since buying Twitter, Musk has laid of half of its workforce and issued an ultimatum to remaining staff. Kelly said he's "mostly an Elon fan," but added he was "surprised" by Musk's recent actions at Twitter. "The massive cutbacks and chainsaw that Elon Musk has taken to the company does not bode well for its future."
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